According to the U.S. Department of Justice, the Madoff Victim Fund made its sixth distribution of funds in December. That money had been forfeited to the federal government, and now close to 37,000 people have their bucks back.
Did Madoff's investors get their money back? The latest distribution boosts their recovery from all sources to 81.35% of their losses, the Justice Department said. Another $14.5 billion has been recouped for customers of the former Bernard L. Read More...
Mouthguards are not required in the NFL but highly recommended so many players do wear them.
Why does Jalen Ramsey not wear his mouthpiece? "He never has his mouthpiece in his mouth because he's always talking." backed up that talk with an All-Pro season in 2017. #NFLTop100 twitter.com/NFL/status/101…
Why do NFL players not wear mouthguards? The NFL players association has negotiated a contract making mouthguard use optional. The mouthpieces aren't mandatory, because the NFLPA -- and really, the players -- don't want them. Read More...
Ultimately though, generally speaking after all annual revenue is collected and all expenses are paid, sports franchises do not make a profit. However majority increase in value annually, hence even if a owner is not making a profit through advertising and sales, their net worth still increases.
Is owning a NBA team profitable? Owning an NBA franchise is often an emotional investment. For some investors, like Dallas Mavericks owner Mark Cuban, owning an NBA franchise can be very profitable. Read More...